Bachelor's · St. Cloud, Minnesota

Is Design and Applied Arts at Rasmussen University-Minnesota worth it?

Low confidence Low confidence: fewer than 40 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back slowly: graduates typically recover the cost in about 14.9 years.

Earnings 1 year after graduating: $36,716; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $50,065; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $33,762; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $104k (likely $87k – $120k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $9k a year vs high-school graduates aged 25–34 in MN; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 14.9 years (likely 8.9–20+); Bump vs net cost plus loan interest
10-year net return: −$263k (likely −$361k – −$171k); Today's dollars
20-year net return: −$136k (likely −$315k – $52k); Today's dollars
Odds of finishing (school-wide): 42%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26